The
global managed
network services market is subject to witness a substantial growth due
to the growing demand for cloud of security solutions systems for enterprises
and performing primary business operations. The recent technological
advancement in cloud services industry such as development of wireless sensor
network technology are propelling market growth in the recent years.
In
addition, shifting trends towards of Internet of Things (IoT) technology,
soaring in demand for high performance & secure systems, and growing
penetration of smartphones across the globe are anticipated to fuel the growth
of market over the forecast period. Globally, the market is predicted to grow
at a CAGR of 4.80% in the forecast period, providing numerous opportunities for
market players to invest for research and development in the managed network
services market.
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Increasing
adoption of managed network services is attributed to the mounting
implementation of the multi-tenancy cloud approaches amongst enterprises,
centralized program agencies, easier installation of circulated business
processes, and uniform scalability and cheaper functional costs. The other key
reasons thrusting the development of this sector constitutes the advantages
like addition of centralized visibility and governing high cloud services.
The
managed network services market is divided by region as North America, Europe,
Asia-Pacific, Latin America and Africa. North America has shown major growth in
recent years owing to the rise in the implementation of latest technologies,
increase in the number of research & development activities in the region
and existence of well-established IT infrastructure. Asia-Pacific region is
predicted to hold the major market share in the managed network services with
massive growth in forecast period.
Countries
such as China, Singapore, India, and Australia are leading the Asia-Pacific
market with better security compliant offerings by vendors, growing need for
enhanced control and visibility mechanisms, and significant investment by
leading industry players considering potential growth opportunities in the
region.
The
key players in the managed network services are 3T systems, Acropolis
Technology Group, Inc., AT&T, Inc., Cisco Systems, Inc., Aricent, Inc.,
Huawei Technologies Co., Ltd., Glowpoint, Inc., Hewlett and Packard (HP)
Enterprises, Ericsson Ltd., Nokia Co., Alcatel-Lucent S.A., and International
Business Machines (IBM) Co.
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Market segment by Regions/Countries,
this report covers
•
United States
•
EU
•
Japan
•
China
•
India
•
Southeast Asia
Market segment by Type, the product can
be split into
•
Managed VPN
•
Data Storage
•
Network Monitoring
•
Managed Network Security
•
Hosted IP Telephony
•
Others
Market segment by Application, Managed
Network Services can be split into
•
Telecom & IT
•
Retail & eCommerce
•
Media & Entertainment
•
BFSI
•
Healthcare
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